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Dominion Energy makes $1M donation to Virginia 4-H
Dominion Energy Inc. has donated $1 million to Virginia 4-H, a nonprofit educational program for youth hosted by Virginia Tech, the university announced Thursday. The donation marks the largest cash gift in the history of the state’s largest youth organization. Virginia 4-H educational centers serve more than 13,000 campers ea[...]
10 Va. companies make world’s most admired list
Of 332 companies ranked by Fortune magazine as the “World’s Most Admired Companies,” 10 Virginia companies made the list, according to rankings released Friday. The list is compiled from the Fortune 500 and Fortune Global 500 lists, which rank companies based on revenue. The World’s Most Admired Companies list ranks companies based on corporate reputation. […]
Rush Street Gaming announces general contractor for Portsmouth casino
Rush Street Gaming, the developer and gaming operator for the upcoming $300 million Rivers Casino Portsmouth, announced Friday it has chosen a joint venture between Virginia Beach-based S.B. Ballard Construction Co. and Philadelphia, Mississippi-based Yates Construction as the resort casino’s general contractor. Ballard an[...]
Virginia House advances paid leave bill for essential workers
RICHMOND, Va. — The Virginia House of Delegates passed a bill on Thursday which would provide paid leave to essential workers. House Bill 2137, introduced by Del. Elizabeth Guzman, D-Woodbridge, would require essential businesses to offer paid leave to their workers, according to the bill. Employees must be offered a minim[...]
Why the Richmond Fed has zero Black Ph.D. economists
The Federal Reserve Bank of Richmond is one of only five Fed banks that employs zero Black Ph.D. economists, according to a New York Times report this week. Of the 12 Federal Reserve banks, seven employ only one or two Black Ph.D. economists, which Fed officials blame on lack of Black talent in the economics […]
Norfolk shipping, logistics company to create 400 jobs through $36M expansion
Shipping and logistics company CMA CGM Group will keep its North American headquarters in Norfolk and invest $36 million to expand its Hampton Roads and Northern Virginia operations, creating more than 400 jobs, Gov. Ralph Northam announced Thursday. The French company opened its first Virginia office in 2002 in Virginia Beach and in 2005 moved […]
Leidos lands $2B contract to provide military counseling
Reston-based Fortune 500 government contractor Leidos Holdings Inc. announced Tuesday it has received a $2 billion contract to provide nonmedical counseling to military service members and their families through the Department of Defense’s Military and Family Life Counseling (MFLC) program. Under the contract, Leidos will [...]
Peraton announces business sectors, leadership appointments
On the heels of major acquisitions, Herndon-based national security contractor Peraton is dividing the company into four business sectors and has made a slate of leadership appointments. A subsidiary of New York-based private equity firm Veritas Capital, Peraton announced in January it is acquiring Chantilly-based federal contractor Perspecta Inc. for $7.1 billion. And on Feb. […]
Va. initial jobless claims remain high
Initial jobless claims filed last week were essentially unchanged compared with the previous week, but remain high compared with pre-pandemic levels, according to figures released Thursday by the Virginia Employment Commission. During the week ending Jan. 30, 18,177 Virginians filed initial unemployment claims (compared to 18,31[...]
Va. House kills bill requiring hazard pay for essential employees
RICHMOND, Va. — Lawmakers unanimously shot down legislation this week that would have required employers to provide hazard pay to essential employees and provide protective equipment in the event of a stay-at-home order. Del. Hala S. Ayala, D-Woodbridge, said she introduced House Bill 2015 to help protect and further compe[...]
Virginia Tech’s advancement division announces leadership changes
As Virginia Tech revs up its $1.5 billion Boundless Impact fundraising campaign, the university’s advancement division announced Tuesday changes to its leadership structure, effective Feb. 16. Virginia Tech’s Advancement Division, which oversees the university’s fundraising, communications, marketing and alumni engagement,[...]
U.Va.’s Virginia Law Review names new editor-in-chief
The University of Virginia School of Law announced Tuesday that second-year student Tiffany Mickel has been named as editor-in-chief of the Virginia Law Review. She is the first Black person to hold the position in the publication’s 108-year history. As editor-in-chief, she hopes to diversify authorship of law review content a[...]
